About your Search

20130116
20130116
Search Results 0 to 18 of about 19 (some duplicates have been removed)
is down in general. the dax loses 1% at the moment. the euro stoxx 50 is down by 0.75%, waiting for wall street, opening up significantly lower, and the dollar -- the euro is also significantly down. and at air berlin is to cut 900 jobs in the next two years. that is one in 10 of its workers, but it has not said which jobs will be going. >> berlin has been making a loss for years, and the job cuts are part of a plan to save 400 million euros. berlin says it wants to focus on its most profitable routes in germany, switzerland, and austria. during the cold war, germany's bundesbank took a bet by soaring gold reserves around the world and left in there after the collapse of communism. >> last year, official auditors point out that official stockpiles abroad have never actually been counted. >> plans are afoot to bring the bars back home, or at least some of them. >> at least he knows what he has in his hands -- his golden globe is nothing more than a thin layer of 24 karat gold covering up something much less precious, and there is no doubt about the quality of the gold in the bundesbanks e
yielding 1.5%. as far as currency markets, the euro/dollar at 1.3277. couldn't sustain it over 1.34. some comments saying the euro exchange rate is dangerously high. stepping down, as head of the euro group. they'll decide the success on january 21. dollar/yen, 87.88. and aussie dollar is over 1.0540. we'll bring you up to date with events in asia. we have more from singapore. >> sure, thank you. those asian markets finished in the red. the nikkei suffered its worst daily showing in eight months despite upbeat machinery orders data for november. a rebound in the yen fueled profit-taking in exporters. shares of al nippon airways slipped 1.6% today. and some boeing suppliers such as the battery maker gu uasa tumbled. the shanghai composite pulled back .7% after hitting a 7.5-month high yesterday. developers continued to lose ground after strong gains since q4 last year. this despite talk of delaying the property tax reform due to insufficient planning and law making. >>> in hong kong all eyes on the chief executive's maiden policy speech with a focus on measures to tackle the housing crisis
next policy meeting. more on that in just a few minutes. but the euro's also lower against the yen. the euro/yen currently changing hands at 117.74-76. taking a look at other markets in the asia pacific region, south korea's kospi, that's trading higher. up half a percent. 1,994. let's take a look at australia. the benchmark index is up by 1/3 of a percent. 4,733. >>> well, policy makers at japan's central bank will discuss whether to take further money-boosting steps at a two-day meeting starting next week. they're apparently responding to the governments call for more powerful measures to tackle deflation and support the nation's recovery. a 2% inflation goal is expected to be included in a document to be exchanged between the bank of japan and the government. the b.o.j. policy makers are to show in writing how they plan to achieve the target requested by prime minister shinzo abe. now, it's likely to be a joint statement and not a legally binding policy accord that abe had originally sought. the aim is to maintain the central bank's independence. b.o.j. policy makers are conside
the dollar. concern about the strength of the euro overall could be a threat. undercurrent to the u.s., which looks like to be a negative one. >> the big macro, everything out of japan, not so great. but the united states banking story, i think, is as you mentioned, carl, is it a real u.s. economy, what is the read on it. people are doing better. and this is a section that was terrifically performing in the s&p last year. and you could argue, wait a second, it's run ahead. but it's not selling off today. i thought people thought it would sell off. we're not getting that kind of judgment. >> a lot of up moves on the back of goldman sachs earnings. take a look at the financials. [ bell ringing ] >> taking a look at the open here. no surprise. oh, look, apple is higher by 1.9% in today's session. helping the nasdaq in an up trend. cutting apple to set to perform. a lot of the reasons we heard before, but apple will have bottomed, either yesterday, or today. calling the bottom in shares of apple. remember, on the way up, in september, they're worried about the impending pop on apple. making the m
cliff, is euro going to explode, so many covers of the euro bursting into flames. >> is japan going to get washington, d.c. into the sea or will this incredible debt burden just crush them? and the fact is that for the last four years, all of those risks, every single one has been overstated, overstated by people in the marketplace. emerging markets are actually much more unstable than that and yet. >> they are thought unstable. >> they are responsible to for two-third of the world's growth, about three quarte by e e of the decade, and yet these are countries that are much more volume tile, volatile and much more opaque. >> rose: let's talk about who they include, china, india, brazil, and turkey and -- >> some of them are doing reasonably well, some include the bricks but three of the bricks bricks are facing head wind greater than we have seen in the united states, not brazil, which is developing increasingly becoming more regularized but in the china and russia, and i go back to the beginning. >> ros the risk is what going to hpen to them? >> the risks are different for differen
about? >> yeah. it was guilts. booms also going. the dollar, $1.33 verse you the euro and 88 on the yen. finally, gold was up significantly yesterday. it's falling back a little today, down about four points. >>> now time for the global markets report. ross westgate standing by in london. mr. westgate, how are you this morning? >> hey. we're good. thanks very much. as you just saw joe point out, softer here. we have bounced off the session low a short while ago. and the german economics ministry talking about the forecasts for germany, as well. just helping us bounce off that primarily, saying, yes, we've had a weak fourth quarter. will be weak at the beginning of the year. they're expecting a much stronger rebound toward the end of 2013. so the footse 100 was down .5, currently down .3. down .3 for the xetera dax, down .1 as is the french market, ibex down .3%. the euro/dollar, we had an interview with ewald nowotny, the austrian central bank governor. member of the ecb governing council, as well. you see the spike -- we had the session chart, what i was looking for. you would have see
to the governments of the euro system that has hit some countries for some reasons. somewhat we were hit because of the sins of our past. we have been having -- we have had a relatively a sizable but stable debt for a long time, but the point is it's very manageable. we are reducing it pretty fast, very fast indeed, and also to reassure the investors if you put together the net household wealth of italians as compared to the debt of the government and the companies the ratio is three to one, so it's a matter of redistribution somehow. italians thanks to god are a wealtdy people and the matter is how we can put things into order in our household but definitely italy is a major stable solid economy, and once -- already there are signs of strong improvement. once this crisis is over we will definitely flex the muscles. please. >> [inaudible] are you planning show case any important architects and designers in this year of italian culture? >> definitely. i mean in san francisco there's a wonderful san francisco design week, so we will have an italian design week too. we are planning on an exhib
, and it is lower. as for the euro against the dollar, it is declining. >> when we come back after a short break, the small town in eastern germany that has declared war on the far right npd, as they try to gain a foothold there. >> that and more after the break. >> stay with us. >> thanks for staying with us. >> welcome back. we begin with the story of a small town in eastern germany that has seen the far right npd party convince many residents to give it its support. some have organized to resist that. >> and they have been recognized by germany's jewish community. the group emerged to resist the influence of the neo-nazi npd. the npd set up major headquarters in the town several years ago. >> the party quickly turned into a powerful force. here is a story of how locals who objected organized. >> pretty houses and clean streets. it looks idyllic, but appearances can deceive. there's no industry, and there are few jobs. many young people have moved away. yet, one group is moving in in increasing numbers -- right wing extremists from western germany. leaders of the far right npd party have chose
their own wagon. this is negative for the euro and the confidence in the u.s. economy, and it is a cautionary tale that means people are flocking to real assets, which is gold. it is an important move. david: isn't everybody doing it? from the united states to the bank of england to the european community itself, everybody is printing money like crazy to buy treasuries, so why bother moving it if everybody is doing it? >> they're bringing it home. germany sees themselves as the only thing that is holding. david: they are the mainstay of the euro. >> they're saying if they have to break away, if they have to move apart, they're circling the wagons with their own gold to say we are able to take a stand here. they couldn't do it in the middle of the european crisis because that would have blown the whole thing up. now that it has calmed down a little bit, they are making preparations to be able to circle the wagons on their own front. liz: what is your call on it and the time limit that you have on that? >> i think over the next three months we can see gold get back into
after a warning that the strong euro currency can hit profits. japan nikkei finished down 2.5%. checking in on our numbers a little bit of a mixed picture. looks like a pretty good opening. a decent opening for the nasdaq. a drop for the dow and s & p. apple of course has been hurting the nasdaq. its shares down nearly 9% this year. morgan stanley taking a step to align high earners incentive with shareholder interest. the investment bank is deferring the 2012 bonus. delaying the aids wards will help insure bankers and traders cannot receive high pay for transactions. it also gives workers another reason to stay with the company. >> there you go. >>> tonight the search for the next american idol will officially begin. we're going to check out all the buzz leading up to season 12. there is mariah. and surprises waiting for the singers that want to become stars. >>> the man has a wild encounter with a giant fish. the popular tourist spot. why some are angry with him. >>> you can wake up with ktvu every morning. get the mornings top stories that developed while you were asleep sent straight
drifting lower? guess what, all of these currencies down against the dollar. euro, pound, canadian dollar and mexican peso. in other words, the dollar is up. we'll be right back. ♪ [ slap! ] [ slap! slap! slap! slap! ] ow! ow! [ male announcer ] your favorite foods fighting you? fight back fast with tums. calcium-rich tums starts working so fast you'll forget you had heartburn. ♪ tum tum tum tum tums tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 and the streetsmart edge trading platformrom charles schwab... tdd#: 1-800-345-25 gives me tools that help mfind opportunities more easily. tdd#: 1-0-345-2550 i can even access it from the cloud and trade on any computer. tdd#: 1-800-345-2550 and with schwab mobile, tdd#: 1-800-345-2550 until i choose to focus on something else. tdd#: 1-800-345-2550 all this with no trade minimums. tdd#: 1-800-345-2550 and only $8.95 a trade. tdd#: 1-800-345-2550 open an account with a $50,000 deposit, tdd#: 1-800-345-2550 and get 6 months commission-free trades. tdd#: 1-800-345-2550 call 1-866-751-3261. >> it is now 19 minutes past the hour. i'm heather nauert wi
debate pose big risks to the worldwide economy. the ongoing recession in the euro zone also a factor. >>> and winter weather prompts a state of emergency. salt trucks ran all night long to prevent sleet and freezing rain from the roadways and almost a quarter inch of ice formed on power lines and heavy rain is now causing flooding. >>> facebook's new search tool is surrounded by hype, but others think it might be a dude. it's called graph search and it's a way to search through your facebook network for answers. information google cannot access. you could look for restaurants your friends like, kind of like yelp or look for job connections like on linked-in or you can use it to find singles in your area. steven levy is the senior writer for "wired" magazine. steven, welcome. >> thank you. >> okay, you went to the facebook campus, experimenting with graph search. you interviewed mark zuckerberg. so, is this really as revolutionary as we're led to believe? >> well, it's very big for facebook. facebook has a couple things that people do all the time. they share photos and other things w
. they are working to develop a union where bank regulation would take, be done throughout the euro zone by ecb or some other agency. and that would strengthen european banking system and make it less dependent on individual countries. so steps are being taken in europe, which i hope will help stabilize that situation over time. in the emerging markets, begin have a variety of different stories, but i think the fundamentals of their in the emerging markets are pretty good, as you know. and even if there some moderation of growth, in some countries, we are seeing over all a rather remarkable transformation of places like china and india, which has been the biggest anti-poverty program in history. the growth in those countries, many millions of people out of poverty. so i think the growth will proceed in those areas as well. with each country, each region, latin america, asia, dealing with different sets of issues. >> well, i know that our audience has many questions to pose to you. perhaps let me ask one final one before i turn over to our students, to questions from the audience. and that is gi
to credit, and that is why the work of the consumer euro is important. the way companies manage risks and the ability of nonfinancial firms to manage their financial risk or as they say interest rates and currencies. the so-called derivative stocking. and the capital of liquidity in the role of the fundamental rule that money market mutual funds play to help many manage their day-to-day liquidity. all of these things are happening at the same time. these changes are significant and it is important that we get it right. this is not a question of whether financial regulation reform should be more or less, it should be, you know, we call the you know, we called the rightly or wrongly. how do we make sure you get right? for us get it right? for us, the definition of getting it right to preserve the most diverse sources of capital in job creation in the american economy. today we will hear from dan gallagher who i think is a in a good position to lay out an agenda for this and we hope that this is an agenda which has attracted strong bipartisan support, then it can be done again. the commi
Search Results 0 to 18 of about 19 (some duplicates have been removed)

Terms of Use (31 Dec 2014)